Copper price down after rapid rally
Copper prices paused their rally on Friday but were set to end the week with a 6.6% gain.
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Dalian iron ore hits 17-month high on China demand optimism
Global supply concerns are also boosting iron ore prices.
Taseko gets $25 million loan to build processing plant at Florence Copper
The funding will be available for drawdown upon Florence Copper receiving the final underground injection control permit from the EPA.
Indonesia details plans to limit development of nickel smelters
Country will limit construction of nickel smelters to ensure new plants produce high-value products and follow green principles.
Copper exporters to benefit from China reopening, AllianceBernstein says
Global markets have yet to price in fully the reopening of China and copper exporters are set to benefit from it.
Indian gold prices hit record high, dampening demand
Local gold futures rose to 56,245 rupees per 10 grams, surpassing the previous record of 56,191 rupees hit in August 2020.
Biden backs Nevada lithium mine with $700 million loan offer
The Rhyolite Ridge Lithium-Boron Project could potentially support the production of lithium for 370,000 EVs.
Rio Tinto trials renewable diesel at US operations
Company is conducting trials at its Kennecott copper operations in Salt Lake City.
Toughest material on earth now a reality
Scientists measured the highest toughness ever recorded of any material, in a chromium, cobalt, and nickel alloy.
